TechVW's 50,000 Layoffs Confirmed: 'Future Plan 2030' Puts European Plants and Seat's Future on the Chopping Block
The Volkswagen Group's executive board has approved its "Future Plan 2030" transformation program, confirming 50,000 job cuts and a 50% reduction in model lineup. The fate of four German plants will be decided by June 2027, while reports suggest the Seat brand may be headed for the end of the road.
